Lore and co-founder didn't celebrate selling Diapers.com to Amazon
Marc Lore · Advice Line with Serial Entrepreneur Marc Lore · Dec 26, 2024 · at 2:18
Serial entrepreneur Marc Lore reflects on selling Diapers.com to Amazon in 2010 for over $500 million, contrasting missionary and mercenary founder mentalities.
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“We had a big vision for what we wanted to accomplish, and it was cut short. So, yeah, it was, I mean, you would think after a sale like that, we made, obviously, a lot of money, me and my co-founder, but we said, do you want to celebrate? You want to go grab a drink to celebrate this? And we're like, nah, I'm like, yeah, I mean, nah, I don't want to either. So it shows you what it is to be a missionary versus mercenary, you know. It was not about the money. It was about, Ok, the dream is, is basically dead now, you know, and it was, that was sad.”
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